VERIMMO: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
VERIMMO
Largest movements
- Deferred charges and accrued income +€1,861
up €1,861 (+47.4%), from €3,926 to €5,787
- Advances received -€3,194
no longer reported in 2025 (was €3,194)
- Revaluation surpluses -€2,889
down €2,889 (-4.2%), from €68,897 to €66,008
- Reserves +€2,889
up €2,889 (+62.0%), from €4,657 to €7,546
of which Distributable reserves: +€2,889
- Other debts +€2,172
up €2,172 (+6.1%), from €35,462 to €37,634
- Accrued charges and deferred income +€1,815
new in 2025: €1,815
- Gross operating margin -€4,768
down €4,768 (-26.0%), from €18,344 to €13,576
- Taxes -€1,335
down €1,335 (-42.4%), from €3,150 to €1,815
- Depreciation +€545
up €545 (+11.3%), from €4,812 to €5,358
- Other operating charges -€200
down €200 (-10.1%), from €1,982 to €1,782
- Staff costs +€186
up €186 (+6.2%), from €2,992 to €3,178
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €106,461 | €108,478 | +€2,017 | +1.9% |
| Fixed assets | 21/28 | €78,555 | €78,275 | -€280 | -0.4% |
| Tangible fixed assets | 22/27 | €78,555 | €78,275 | -€280 | -0.4% |
| Land and buildings | 22 | €77,199 | €72,948 | -€4,251 | -5.5% |
| Plant, machinery and equipment | 23 | €1,356 | €794 | -€561 | -41.4% |
| Furniture and vehicles | 24 | - | €4,533 | +€4,533 | |
| Current assets | 29/58 | €27,906 | €30,202 | +€2,297 | +8.2% |
| Cash at bank and in hand | 54/58 | €23,980 | €24,415 | +€435 | +1.8% |
| Deferred charges and accrued income | 490/1 | €3,926 | €5,787 | +€1,861 | +47.4% |
| Total equity and liabilities | 10/49 | €106,461 | €108,478 | +€2,017 | +1.9% |
| Equity | 10/15 | €65,077 | €66,353 | +€1,276 | +2.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €68,897 | €66,008 | -€2,889 | -4.2% |
| Reserves | 13 | €4,657 | €7,546 | +€2,889 | +62.0% |
| Non-distributable reserves | 130/1 | €1,769 | €1,769 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,769 | €1,769 | = | 0.0% |
| Distributable reserves | 133 | €2,889 | €5,777 | +€2,889 | +100% |
| Profit (loss) carried forward | 14 | -€27,068 | -€25,793 | +€1,276 | +4.7% |
| Amounts payable | 17/49 | €41,383 | €42,124 | +€741 | +1.8% |
| Amounts payable within one year | 42/48 | €41,383 | €40,309 | -€1,074 | -2.6% |
| Trade debts | 44 | €890 | €525 | -€365 | -41.0% |
| Suppliers | 440/4 | €890 | €525 | -€365 | -41.0% |
| Advances received on contracts in progress | 46 | €3,194 | - | -€3,194 | |
| Taxes, remuneration and social security | 45 | €1,838 | €2,151 | +€313 | +17.0% |
| Taxes | 450/3 | €1,650 | €1,965 | +€315 | +19.1% |
| Remuneration and social security | 454/9 | €188 | €186 | -€2 | -1.1% |
| Other amounts payable | 47/48 | €35,462 | €37,634 | +€2,172 | +6.1% |
| Accrued charges and deferred income | 492/3 | - | €1,815 | +€1,815 | |
| Remuneration, social security and pensions | 62 | €2,992 | €3,178 | +€186 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,812 | €5,358 | +€545 | +11.3% |
| Other operating charges | 640/8 | €1,982 | €1,782 | -€200 | -10.1% |
| Gross operating margin | 9900 | €18,344 | €13,576 | -€4,768 | -26.0% |
| Operating profit (loss) | 9901 | €8,559 | €3,259 | -€5,300 | -61.9% |
| Financial charges | 65/66B | €296 | €168 | -€128 | -43.2% |
| Recurring financial charges | 65 | €296 | €168 | -€128 | -43.2% |
| Profit (loss) for the period before taxes | 9903 | €8,262 | €3,091 | -€5,171 | -62.6% |
| Income taxes | 67/77 | €3,150 | €1,815 | -€1,335 | -42.4% |
| Profit (loss) for the period | 9904 | €5,112 | €1,276 | -€3,836 | -75.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,112 | €1,276 | -€3,836 | -75.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.